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Dividend Stock: Colgate-Palmolive (India) Limited, the parent company of Colgate toothpaste, is offering its shareholders the opportunity to earn ₹24 per share. The company has announced a 2400% dividend.

Dividend Stock: If you have invested in Colgate-Palmolive India, a toothpaste company, then this is important news for you. The company has announced a dividend for its shareholders. Recently, the company announced its second quarter results for the financial year 2026. During this period, the company announced a 2400% dividend for its shareholders and the record date for the dividend.

Learn when is the record date.

Colgate-Palmolive (India) Limited, the parent company of Colgate toothpaste, is announcing its first dividend for the 2025-26 financial year. The company has announced a dividend of ₹24 per equity share of ₹1. This dividend will be available only to shareholders whose names are registered in the Register of Members of the Company or in the depositories by November 3.

Payments will begin on November 19, 2025. Consequently, the company is spending ₹652.8 crore as dividend. Net sales in the second quarter were ₹1,507 crore, a 6.1% increase from ₹1,421 crore in the previous quarter.

Company distributing dividends in quick succession

However, sales were slightly lower than ₹1,609 crore in the same period last year. The company's profit after tax for this quarter was ₹328 crore, down from ₹395 crore in the same period last year. Previously, the company had announced final dividends of ₹27 per share in May 2025, ₹24 per share in November 2024, ₹26 per share in May 2024, and ₹22 per share in November 2023. Additionally, the company also distributed a dividend of ₹10 per share in May 2024.

What is the brokerage's reaction?

Shares of Colgate Palmolive (India) Limited fell by 3.8% in early trading on Friday following the September quarter results. The stock fell to a low of ₹2,200 on the NSE, compared to its previous closing price of ₹2,286.9.

Brokerages have had mixed reactions to this. Jefferies has a buy rating with a target price of ₹2,700, while Nuvama has a sell rating of ₹2,870. I-Sec has a sell rating of ₹1,800, and Citi has a sell rating of ₹2,100 per share. CLSA has a hold rating with a target price of ₹2,130.

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